Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · B14 7BZ
Sold STCReduced £20k (−8.3%) on 25 OctListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MODERN AUCTION PROPERTY - T&C's and Buyers Fees Apply. A spacious mid-terrace property requiring modernisation throughout.
Offering accommodation comprising two reception rooms, fitted kitchen, storage room, three bedrooms, shower room and extensive rear garden Property Frontage The property is set back from the road behind a paved fore garden with wall to boundary and a wooden front door leading into Vestibule Hallway With further door into Entrance Hallway With ceiling light point, radiator, stairs leading to the first floor accommodation and doors leading off to Lounge to Front - 4.39m x 3.48m (14'5" x 11'5") With double glazed bay window to front elevation, radiator, ceiling light point and gas fireplace with wooden surround Dining Room to Rear - 3.89m x 3.56m (12'9" x 11'8") With ceiling light point, radiator, tiled fireplace, door to under stairs storage cupboard and double glazed window overlooking rear garden Fitted Kitchen to Side - 4.88m x 2.67m (16'0" x 8'9") Being fitted with a range of base units with complementary work surfaces over and a double sink and drainer unit with mixer tap.
Space for gas cooker, space and plumbing for washing machine and tumble dryer, space for fridge freezer, wood effect flooring, radiator, ceiling light point, two obscure double glazed windows to side and door leading to Storage Room - 2.74m x 2.59m (9'0" x 8'6") With wooden door leading to rear garden and space for appliances Landing With ceiling light point, radiator, light tunnel and doors leading off to Bedroom One to Front - 5.21m x 3.56m (17'1" x 11'8") With two double glazed windows to front elevation, two radiators and ceiling light point Bedroom Two to Rear - 4.19m x 3.12m (13'9" x 10'3") With double glazed window to rear elevation, radiator and ceiling light point Bedroom Three to Rear - 2.67m x 2.03m (8'9" x 6'8") With double glazed window to rear elevation, radiator and ceiling light point Shower Room to Side - 2.62m x 1.7m (8'7" x 5'7") Being fitted with a three piece white suite comprising of a large shower enclosure with electric shower, pedestal wash hand basin and a low flush W.C.
Obscure double glazed window to side, ladder style radiator and ceiling light point Extensive Rear Garden Requiring some clearance and being mainly laid to lawn with paved patio area, fencing to boundaries and shared access to property frontage Tenure We are advised by the vendor that the property is freehold.
We would advise all interested parties to obtain verification through their own solicitor or legal representative. EPC supplied by Nigel Hodges.
Current council tax band – C Property Misdescriptions Act Smart Homes have not tested any equipment, fixtures, fittings or services mentioned and do not by these Particulars or otherwise verify or warrant that they are in working order.
All measurements listed are given as an approximate guide and must be carefully checked by and verified by any Prospective Purchaser. These particulars form no part of any sale contract.
Any Prospective Purchaser should obtain verification of all legal and factual matters and information from their Solicitor, Licensed Conveyancer or Surveyors as appropriate.
Auctioneer Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Heathfield Road, Kings Heath
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